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Business

Quintiles back as public company, says profit down

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Clinical testing company Quintiles Transnational Holdings Inc.'s first earnings report since becoming a public company again says second-quarter profits fell 18 percent to $38 million, or 30 cents a share, compared to the same period last year. Full story...
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Public hearing scheduled for proposed Bladen Co. biomass energy facility

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The state has scheduled a Sept. 4 public hearing to gather comments on an air quality permit for a proposed biomass energy plant in Bladen County. Full story...
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NC furniture company sticking with Paula Deen

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The High Point-based home furnishings company that markets Paula Deen's furniture line is sticking with the embattled chef. Full story...
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Plans for Hampton Inn move forward in Carolina Beach

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The area near the Carolina Beach Boardwalk may soon have a different look. Developers expect to break ground in September on a Hampton Inn near the corner of Harper Ave. and Canal Street. Full story...
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Nice weather booms business

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videoMother nature finally took a break from that wet and rainy weather this past month, and beach business couldn't be better. Full story...
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GE Aviation to expand in NC, including Castle Hayne

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Gov. Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that GE Aviation will expanding its manufacturing operations at four facilities in North Carolina, including its plant in Castle Hayne. Full story...
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Kroger to buy Harris Teeter for about $2.44B

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videoKroger says it has agreed to buy Harris Teeter Supermarkets Inc. for about $2.44 billion in cash. Full story...
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City, county, UNCW want to rebrand area's offerings

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video The City of Wilmington, New Hanover County and UNCW want to join forces along with businesses leaders for a large community partnership that will focus on rebranding the area's economic goals. Full story...
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Twinkies to last longer than many may remember

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Twinkies don't last forever, but they'll have more staying power than most people remember when they return to shelves next week. Full story...
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Rep. Jones asks for Congressional hearing on Smithfield sale

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Rep. Walter Jones (R-3rd District) wants a Congressional hearing on the planned sale of Smithfield Foods, Inc., to a Chinese company. Full story...
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